Abdul-Rahim

Abdul-Rahim

As mention in my previous idea, the recent rally was indeed a 'Dead Cat Bounce' as NIFTY50 has experienced another significant drop. However, examining the charts above reveals positive RSI divergence in both the 2-hour timeframe (TF) and the daily timeframe (DTF), with NIFTY reversing from a marked support zone. For the next bull run to be confirmed, NIFTY...

Abdul-Rahim

TITAGARH is now trading above the 20 EMA High, with RSI also breaking past resistance and trade above 60, indicating a bullish range. However, keep in mind that market is still volatile and it could impact the stock’s performance, so a well-defined Risk-Reward (RR) and Stop Loss (SL) is essential. Suggested Stop Loss: You may choose between the 20 EMA Low or...

Abdul-Rahim

RSI is looking strong and closing is also above 20EMA Band. Expecting it to fall a bit to normalize the RSI, which CAN BE the right time to enter. For stop loss, closing below 20EMA band or previous swing low can be used. It is purely individual study and choice. Currently market is very volatile and we also have earning of 3MINDIA in coming week, which can...

Abdul-Rahim

The Midcap and Small Cap Index have shown signs of recovery as anticipated in my previous analysis. The index is now trading above the 20 EMA Band in the 2-hour timeframe (TF). However, several key conditions must still be met before we can confirm a sustained bull run: 1. 2-hour RSI should cross above 75 to signal strong upward momentum. 2. Daily timeframe (DTF)...

Abdul-Rahim

Currently TITAGARH is very close to 20EMA High and also a resistance, need a good closing above both. Recent quarter result shows growth in both topline and bottom line as compared to QoQ and YoY. RSI is very close to bull range, good closing will take it in the Bull Range

Abdul-Rahim

if you see above 2hrTF chart, NIFTY 50 has not recovered completely from Bear State and it can be just a 'Dead Cat Bounce'. Condition for NIFTY 50 to be considered out of Bear State are as below. 1. Index start trading above 20EMA band. 2. RSI crossed 70 mark.

Abdul-Rahim

currently trading below 20EMA band and also RSI is in bear zone, also the market condition is not good, hence I would suggest to wait for confirmation of the bull run. Bull Run Criteria: 1. The stock begins trading above the 20 EMA band (high, close, and low of the 20 EMA). 2. RSI moves above 60, indicating stronger buying momentum. 3. Recovery signs appear in...

Abdul-Rahim

Many traders focus on midcap and small-cap stocks, so this index movements can significantly impact portfolios. However, stock selection is crucial; choosing stocks in a downtrend or sideways movement often limits potential upside. Index Analysis: 1. RSI for Midcap and Smallcap Index in the daily timeframe (DTF) is close to oversold zone 2. 2hrsTF RSI is already...

Abdul-Rahim

NIFTY support level looks between 24000-23890 and also RSI of NIFTY is close to oversold. Expectation for next week, we may see more dip till support level which will push RSI to oversold zone, and from there bounce back is expected. If you see the history of NIFTY 50, it has never stayed in oversold zone for more than 2-3 days, only if we have global...

Abdul-Rahim

As the index is oversold, expecting a small recovery in equity market. but this not mean a start of bullish trend but a dead cat bounce.

Abdul-Rahim Updated 

TITAGARH is on 200 EMA support, also on previous ATH support. FII and DII both have increased their holding in previous quarter. Public and Promoter holding have decreased. Last quarter result was not expected, maybe the reason for downfall, but now they have new order for metro and Vande Bharat coaches, so expecting a good result next quarter. Do your own...

Abdul-Rahim

MAINDS is near a good support, analyze, plan prepare before making any move.

Abdul-Rahim

If today CREATIVE gave a good closing, you may see a bull trend.

Abdul-Rahim

Its a make or break situation for IOLCP, closing above line with good volume can give new 52wh.

Abdul-Rahim

Its a make or break situation for IOLCP, closing above line with good volume can give new 52wh.

Abdul-Rahim

DREDGECORP - reversal can be seen from a very good support forming nice bullish candlestick pattern. Also it has come to retest the beautiful Cup and Handle Breakout. If you find this idea useful, please motivate by boosts and comments. :)

Abdul-Rahim Updated 

ORIENTCEM - reversal can be seen from a very good support forming bullish candlestick pattern. If you know the pattern name please share it in comment section for my knowledge. I am still a learner.

Abdul-Rahim

After a good ATH breakout with volume, it has now returned to retest previous ATH, expecting a bull hit, creating new ATHs. Zone is created based on daily candle (Previous Highest close and Previous highest high). #WallahuAlam